Skype, short for "Sky peer-to-peer," was launched in 2003. eBay bought Skype for $2.6 billion in 2005. Microsoft bought Skype for $8.5 billion in 2011 and replaced Windows Live Messenger with it. On May 5, Microsoft will replace Skype with a free version of Microsoft Teams. Shares of Microsoft closed yesterday at 396.98, a gain of 4.45 (1.13%).
Microsoft shutting down Skype in May
https://apnews.com/article/microsoft...476e01d8d4a473
Charles Walgreen, who had been working at a pharmacy in the Barrett Hotel in Chicago, bought the pharmacy in 1901 and opened a second location in 1910. By 1930, there were more than 500 Walgreens stores nationwide. Walgreens now has around 12,500 stores worldwide but plans to close 1,200 of them over the next three years. Shares of Walgreens closed today at 10.60, a drop of 0.15 (1.4%).
Walgreens to be acquired by private equity firm Sycamore Partners for almost $10 billion
https://www.huffpost.com/entry/walgr...b0a4ad9ebc0a85
King Donald's promise to lower prices "on day one" was, of course, a lie. Consumer prices rose by 3.2% in February and the tariffs King Donald imposed – tariffs which will drive up costs for Americans – are fueling fears of a recession. The Dow has fallen by 1,500 points since King Donald has been in office.
S&P 500, Nasdaq post worst day since 2022 amid recession fears; Dow drops 890 points
https://www.usatoday.com/story/money...r/82179334007/
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